147 Patchen AveBrooklynNY11221
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Brooklyn at 147 Patchen Ave, Brooklyn, NY, 11221 with 5% annual appreciation on a $1,988,600 basis while $4,736/mo rent supports operations. 46% in year one. Equity gained on principal adds $12,832/yr, and five-year appreciation sums $549,414 alongside rental yield of 2.86%. Five-year ROI measures 20.54% and total cumulative return in cash totals $132,364. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,736/mo property income versus a $9,733/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1899
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11221, Brooklyn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,771 (100%) |
| Owner Occupied HU | 6,151 (15.9%) |
| Renter Occupied HU | 29,138 (75.2%) |
| Vacant Housing Units | 3,482 ( 9.0%) |
| Median Home Value | $1,248,648 |
| Average Home Value | $1,267,842 |
Housing Distribution
Address Breakdown
Residential
31,571
Single Family
10,153
Multi-Family
21,418
Businesses
1,223
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